To discourage employees from job hopping & bring down attrition rate most private companies follow several measures.Now public sector banks too have jumped in line to retain their workforce. Punjab National Bank along with Manipal University have announced a tie up for PO training cum recruitment program.

Candidates who complete the training shall be awarded Post graduate diploma in Banking & Finance & directly appointed as Scale I officer in punjab national bank with payscale of approx. 3 lakhs/ year (same as other PO`s)

IBPS PO common exam scorecard holders are only eligible to apply.There is no requirement to pay application fees if you had applied for PNB`s 775 management trainees recruitment in February 2012 but was not called for interview.

Vacancies

The bank has planned to admit one batch comprising of 120 students in manipal university, under following categories

Since this is a one-time process, selections for another batch (if announced) will take place through the same merit list only.

Calendar:

Registration of online applications – August 13 to 27, 2012

Group discussion/ Interview may be held in the month of September

Who are eligible:

The eligibility conditions to apply for this punjab national bank – manipal assured PO job programme are very simple & applicants must satisfy each one below,

Age to be within 20 – 28 yrs (+3yrs for obc & +5 yrs for sc/st), as on 1.07.2012

Should be a graduate (any degree) with 60% marks (55% for sc/ st/ pwd)

Must have qualified in PO CWE conducted by IBPS in 2011 with TWS scores of -

GEN: 146, OBC: 125 & SC/ST/PWD: 113

Individuals who have not appeared for the common bank exam or couldn't pass it are not eligible to apply.

Selection Criteria:

From the applications received, those who fulfill the above eligibility conditions shall be shortlisted & called for group discussion & interviews.

As the bank will not send any separate intimations for GD, registrants have to download call letters from PNB`s website.

And depending on the no. of seats allotted for this year`s batch, students will be finally chosen.

Appointment on completion:

The PG diploma course duration is 12 months which is also your training period.It involves two stages,

On completion of 12 months training, the trainees shall be awarded Post graduate diploma in banking & finance along with their appointment letter to work as PO in PNB drawing a salary of Rs.3 lacs /year.

The cost of undergoing this course at Manipal university is Rs.3.15 lacs which will be provided by PNB as education loan for which, repayment starts after you join as officer.

The bond period is 3 years which has to be executed by students at the time of course joining itself

How to apply:

The application fee of Rs.100 (gen/obc/exsm) & Rs.20 (sc/st/pwd) is to be paid at any branch of Punjab national bank before August 27.

The challan is available for download from their website pnbindia.in

After fee payment, return back to the website & submit your online application by filling in the required details.

Did you apply for PNB`s 775 MT recruitment but could not reach the interview stage? Then payment of application fees is completely waived off, but must produce that original receipt/ voucher.